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Xos and ShipX Announce Partnership to Accelerate the Adoption of Battery-Electric Vehicles
LOS ANGELES, Sept. 20, 2022 (GLOBE NEWSWIRE) -- Xos, Inc. (NASDAQ: XOS), a leading technology company that provides fleet services, software solutions, and
About this update from Xos, Inc.
[{"type":"text","content":"LOS ANGELES, Sept. 20, 2022 (GLOBE NEWSWIRE) -- Xos, Inc. (NASDAQ: XOS), a leading technology company that provides fleet services, software solutions, and manufactures Class 5 through Class 8 battery-electric commercial vehicles, today announced a partnership with delivery solutions provider ShipX to accelerate the adoption of battery-electric vehicles into delivery fleets. As part of the agreement, ShipX will promote the purchase or lease of Xos battery-electric vehicles amongst its clients and Xos may offer discounts or incentives to those clients. “Xos and ShipX share a common belief that the way we move goods should be smarter, cleaner, and more efficient, so working together is a natural fit,” said Giordano Sordoni, Chief Operating Officer and Co-Founder of Xos. “With ShipX as a partner, we’re excited to continue offering our customers the best possible delivery solutions available today.” “Xos has a clear track record of success with building and selling its battery-electric vehicles and fleet services,” said Solomon Zakinov, Chief Executive Officer of ShipX. “Partnering with Xos will help ShipX expand our service offerings to customers worldwide and help companies achieve their sustainability goals.” About Xos, Inc.Xos is a leading technology company, fleet services provider, and original equipment manufacturer of Class 5 through Class 8 battery-electric vehicles. Xos vehicles and fleet management software are purpose-built for medium- and heavy-duty commercial vehicles that travel on last-mile, back-to-base routes of up to 270 miles or less per day. The company leverages its proprietary technologies to provide commercial fleets with battery-electric vehicles that are easier to maintain and more cost-efficient on a total cost of ownership (TCO) basis than their internal combustion engine counterparts. For more information, please visit www.xostrucks.com. Xos ContactsXos Investor [email protected] Xos Media [email protected] About ShipXShipX is a full-service delivery solutions provider that leverages world class proprietary technology to help shippers of all sizes execute and streamline bulk and parcel delivery to their customers. ShipX’s industry leading sustainability practices offset all shipments in their network across all service levels. The company's Vetted Delivery Network (VDN) optimize...